Travel and Expense (T&E) is undergoing dramatic change with the dominance of digital-first, hybrid working models and the return of business travel. Finance departments are seeing new expense types and new employee spend behaviours that are pushing the boundaries of traditional T&E management.
Control and visibility are at the forefront of finance leaders’ minds and the question of “How can we do more?” grows ever louder. There are many steps in the expense process – submit, approve, audit, reimburse and report – and it can have a knock-on effect if one isn’t working efficiently.
Start with small changes now and you’ll soon be reaching the best practice standards outlined in this report